Group plc 2020 Interim Results Investor Presentation August 2020
DISCLAIMER AND IMPORTANT NOTICE The information contained in this document (“Presentation”) has been prepared by Brave Bison Group plc (the “Company”). The Company is a UK company quoted on AIM, a market operated by London Stock Exchange plc. This Presentation has not been fully verified and is subject to material updating, revision and further verification and amendment without notice. This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 (as amended) (“FSMA”) and therefore it is being provided for information purposes only. While the information contained herein has been prepared in good faith, neither the Company nor any of its directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. 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Brave Bison is a Media Group for the New Era
Your Management Team Oliver Green Philippa Norridge Theo Green Matt Law Executive Chairman Chief Financial Officer Director of Growth Non-Executive Director Tangent MullenLowe Profero (part of Tangent Outlier Ventures IPG) University College London Brockton Capital (Private Analog Folk Albion Brand Equity) Tribal Worldwide Communications Imperial College London University of Oxford
About Brave Bison A new chapter
A Brief History Brave Bison (formerly Early success as social known as Rightster) floats publisher and branded on AIM content studio Oliver Green Philippa Norridge joins as joins Board as Chief Financial Officer and Chairman Matt Law joins as NED 2013-2018 2019 July 2019 June 2020 2013 Multiple CEOs and business models December 2019 Tangent buys Tangent increases Oliver Green becomes 19% stake in stake twice, now Executive Chairman Brave Bison from totalling 27% Woodford We entertain, inform and inspire a global fanbase with original social content created around their passions
Our Differentiated Business Model Creative Services Advertising Our creative and strategy teams work with clients We produce video content for our media brands. directly, and through agencies, on social and digital-first campaigns. This content is distributed through our network on social media and is watched by millions, sometimes Our services range in scope from influencer billions of people. marketing to branded content. Advertising is inserted into this content via We charge clients fees for services provided. programmatic exchanges, and we receive a commission on this revenue. Our creative services business is high margin and cash generative. Our advertising business is high growth, low margin (for now) and highly scaleable. Our Clients Our Partners BB Shareholder Presentation 2020 We entertain, inform and inspire a global fanbase with original social content created around their passions
The Hook is a multiplatform youth entertainment brand enjoyed by an online community of more than 9 million global followers We create and share only the freshest, funniest and most innovative content to entertain and inspire audiences all over the world 9M+ 75M 1.2M GLOBAL MONTHLY MONTHLY FOLLOWERS VIEWS ENGAGEMENTS
Our Presence on Snap VTRND V Satisfying VTRND V Fit Slick World Chase Tag 2.0m Subscribers 330k Subscribers 1.4m Subscribers 542k Subscribers The most relaxing The ultimate fitness routines, The world’s best hair stylists The best parkour athletes ASMR and oddly challenges and body and groomers transform the and Ninja Warrior satisfying videos on the transformations. Be the best you ordinary into the competitors from around planet. can be. extraordinary. the globe.
Interim Results Six months ended 30 June 2020
H1 2020 Results Summary H1 2020 H1 2019 Revenue £5.5m £10.1 Advertising £4.6m £6.6m Creative Services £1.0m £3.6m Gross Profit £1.9m £3.4m Advertising £1.2m £1.7m Gross Margin 24% 27% Creative Services £0.7m £1.7m Gross Margin 70% 47% Adjusted EBITDA* (£0.6m) £0.2m Profit / (Loss) Before Tax (£1.4m) (£1.2m) Loss Before Tax is inclusive of Restructuring Costs of: (£0.6m) (£0.4m) Annualised cost savings of £1.1m made in H1, forecast EBITDA break-even for H2 2020 * This is EBITDA adjusted for restructuring costs, share based payments and IFRS 16 ((£0.4m) in 2020 prior to IFRS 16 adjustment) Small apparent errors due to rounding We entertain, inform and inspire a global fanbase with original social content created around their passions
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